Chinese Chipmaker Longsys Seeks $800 Million in HK Listing

Chinese Chipmaker Longsys Seeks $800 Million in HK Listing

Shenzhen Longsys Electronics Co. is seeking to raise as much as HK$6.28 billion ($801 million) in a Hong Kong listing, extending the wave of Chinese companies along the artificial intelligence supply chain coming to the market after its onshore shares have gained about 50% this year.

Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom drives 71,000% profit surge

Longsys's Hong Kong listing highlights China's growing influence in the global semiconductor market, driven by AI and tech innovation demands. The post Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom drives 71,000% profit surge appeared first on Crypto Briefing.